Berlin, Aug. 10.
The share market opened-culet but friendly in tone, While investors continued to be cautious, buying orders—most small however—were placed in several sections of the market and resulted in more activity than had been noticeable for some days past, Where shares had been particularly weak of late, repurchases were made at lower levels. Nevertheless the turnover remained small but the impression was given that more securities were attracting interest than heretofore, this being the preli-minery condition toa general improvement. The sensation of the day was the sudden jump in Bemberg Rayon shares explained by the rise of the AKU shares in Amsterdam yesterday.. Brewery shares were much firmer, likewise _potashes, lignites and linoleums.
The fixed interest securities market was again characterized by an extreme scarcity of gold mortgage bonds causing further rises in price. City loans were much firmer, Berlin 1026 rising %, Duisburg 1928 %, but Dyesden 1926 declining %. In industrial bonds German Dye Trusts rose % to 134%, Harpener Mining improved ¥% to 130%.
Call money stood at 2% to 2% per cent.
Reichsbank 214% down %, German Dye Trusts 168% down %, Salzdetfurth Potash unquoted, yesterday 16242, United Steel Works 120% down Mannesmann Pipes'.125% up Harpener Mining 179% down German Mineral Oils 150% down 1%. Continental Rubber 190%, yesterday unquoted, Siemens & Halske 218% down 1%, AEG 131% up %, Rhenish-Westphalian Power 135% up Hamburg-America Line 89 down 4%. North German Lloyd 92 down Bemberg Rayon 158% up 6, Deutsche Bank 124 down %4, Deutsch-Asiatische Bank 895 unchanged, Young Loan 105, yesterday unquoted.
Reichsmark quotations without guarantee:—Paris 1072, New York 40.24, Amsterdam 72.92 to 72.95, London 12.3925.
Paris quoted sterling at 132.80 to 132.83 and the U.S. dollar at 25.6325 to 26,6425.—Trans-Ocean,
Text read from the printed page and cleaned; old type leaves the occasional error.